FAAR vs FTGS

Quick Verdict

FTGS has a lower expense ratio. FAAR delivered stronger 1-year returns. FTGS offers more diversification with 50 holdings.

Lower Fees: FTGSHigher Returns: FAARMore Diversified: FTGS

Side-by-Side Comparison

MetricFAARFTGSWinner
Expense Ratio0.97%0.60%
AUM$191M$1.3B
Dividend Yield9.19%0.09%
Holdings651
YTD Return+13.94%+12.49%
1Y Return+19.26%+14.75%
3Y Return (annualized)+8.78%+18.25%
5Y Return (annualized)+7.33%-
Volatility (annualized)9.2%14.6%
Max Drawdown-18.8%-20.0%
Fund FamilyFirst Trust Portfolios (US)First Trust Portfolios (US)
CategoryCommodityEquity
InceptionMay 18, 2016Oct 25, 2022

FAAR vs FTGS Performance

First Trust Alternative Absolute Return Strategy ETF (FAAR) is a ETF from First Trust Portfolios (US) and First Trust Growth Strength ETF (FTGS) is a ETF from First Trust Portfolios (US). Over the past year FAAR returned +19.26% while FTGS returned +14.75%. Year to date, FAAR is up 13.94% versus a gain of 12.49% for FTGS.

Over three years, FAAR compounded at +8.78% per year against +18.25% for FTGS. Across the full 4-year window we track, FTGS has the edge at +19.84% annualized vs +3.32%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

FTGS has been the more volatile fund, with annualized monthly volatility of 14.6% compared with 9.2% for FAAR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -18.8% for FAAR and -20.0% for FTGS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.14. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

FAAR charges 0.97% per year while FTGS charges 0.60%. On a $10,000 position that is $97 vs $60 annually, a gap of $37 per year that compounds over a long holding period. On income, FAAR currently yields 9.19% against 0.09% for FTGS.

Holdings Overlap

0.0%overlap

FAAR and FTGS share 0 holdings out of 51 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, FAAR or FTGS?

FAAR has an expense ratio of 0.97% while FTGS charges 0.60%. FTGS is the cheaper option. On a $10,000 investment, that is $37 per year of difference.

Which performed better, FAAR or FTGS?

Over the past year FAAR returned +19.26% vs +14.75% for FTGS, so FAAR leads on 1-year performance. Over the longest common window we track (4 years), FAAR annualized +3.32% vs +19.84% for FTGS. Past performance does not guarantee future results.

Which is riskier, FAAR or FTGS?

FTGS has been the more volatile fund at 14.6% annualized versus 9.2% for FAAR. Worst drawdown: FAAR -18.8% vs FTGS -20.0%.

Should I hold both FAAR and FTGS?

FAAR and FTGS have a monthly-return correlation of -0.14, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between FAAR and FTGS?

FAAR and FTGS share 0 common holdings with a 0.0% weight overlap. Combined, they hold 51 unique securities.

Which pays a higher dividend, FAAR or FTGS?

FAAR yields 9.19% while FTGS yields 0.09%, so FAAR currently pays the higher dividend yield.

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